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Property profile & analytics
OFF-MARKET
Estimated value
$7,535,000
Grocery and convenience stores
2257 Fruitville Rd Sarasota, FL 34237-6116
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-0991977
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,539 SF
Lot
1.82 ac (79,404 SF)
Zoning code
DTE
APN
2028-14-0013
UPID
US18-0991977
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
PNC ATM Atm
-
Wawa Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.94M
Blend (final)
Blend
$7.54M
Owner & transaction history
Fruitville Lime LLC · 5 yrs held
Fruitville Lime LLC
since 2021
Last sale
$6.1M
5 recorded transactions
Zoning & alternative use
DTE · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sarasota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sarasota submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$8,805,000
ML approach
$8,730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.54M
Range $6.78M – $8.29M · ±10% · vs last sale $6.10M (Apr 5 2021)
Last sale anchor
$6.10M
Apr 5 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,360 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$79,676
Tax year 2023
Assessed value
$5,219,300
Assessed 2023
Previous assessed
$3,923,600
+33.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$3,843,600
Assessed improvement
$1,375,700
Land market value
$3,843,600
Improvement market value
$1,375,700
Total market value
$5,219,300
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
5,539 SF
Lot
1.82 ac (79,404 SF)
Zoning code
DTE
APN
2028-14-0013
UPID
US18-0991977
Jurisdiction
SARASOTA
Zoning & alternative use
DTE · Sarasota, FL
Zoning DTE · permitted uses
DTE · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sarasota. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
1.82 ac
Current owner
From public records · entity-resolved
Fruitville Lime LLC
Entity
Free & Clear · 5 yrs held
Mailing address
260 W BALTIMORE PIKE, MEDIA, PA 19063-5620
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2021
$6,100,000
Fruitville Lime LLC
Jbcc Development LLC
Special Warranty Deed
—
Aug 6, 2019
$1,342,300
Jbcc Dev LLC
Second Street Associates LLC
Trustees Deed
$3,570,000 · Iberiabank
May 21, 2004
—
Jean Shoemaker Ents LLC
Shoemaker John W Trust
Quit Claim Deed
related
—
May 21, 2004
$364,300
Second Street Associates LLC
Stottlemyer,charles E
Warranty Deed
—
Jun 14, 2002
$53,200
Jean Shoemaker Enterprises LLC
John W Shoemaker Estate
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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